Subject: February 3, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

 

 February 3, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We will increase delta by raising several put strikes:

BTC 1 MSFT 26Feb21 225 put (MSFT210226P225) 
STO 1
MSFT 26Feb21 240 put (MSFT210226P240) for a credit of $3.70 (selling a vertical) (100%)

BTC 1
MSFT 26Feb21 227.5 put (MSFT210226P227.5) 
STO 1
MSFT 26Feb21 240 put (MSFT210226P240) for a credit of $3.40 (selling a vertical) (100%)

BTC 1
MSFT 26Feb21 230 put (MSFT210226P230) 
STO 1
MSFT 26Feb21 242.5 put (MSFT210226P242.5) for a credit of $4.10 (buying a vertical) (50%)

BTO 1
MSFT 16Apr21 245 put (MSFT210416P245) 
STC 1
MSFT 16Apr21 225 put (MSFT210416P225) for a debit of $7.80 (buying a vertical) (33%)

BTO 2
MSFT 16Apr21 235 puts (MSFT210416P235) 
STC 2
MSFT 16Apr21 225 puts (MSFT210416P225) for a debit of $3.30 (selling a vertical) (100%)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry

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